Assembly line workers at Ivanhoe Manufacturing worked a total of 13500 direct labor hours to produc 37600 units. The standard for producing one unit is 15 minutes at a wage rate of $11.5. If the actual wage rate was $12.0 per direct labor hour, Ivanhoe's direct labor rate variance is Select answer from th options below $6750 unfavorable. $4700 unfavorable. $4700 favorable. $6750 favorable.

Assembly line workers at Ivanhoe Manufacturing worked a total of 13500 direct labor hours to produc 37600 units. The standard for producing one unit is 15 minutes at a wage rate of $11.5. If the actual wage rate was $12.0 per direct labor hour, Ivanhoe's direct labor rate variance is Select answer from th options below $6750 unfavorable. $4700 unfavorable. $4700 favorable. $6750 favorable.

Name: Assembly line workers at Ivanhoe Manufacturing worked a total of 1350
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Description: Assembly line workers at Ivanhoe Manufacturing worked a total of 13500 direct labor hours to produce37600 units. The standard for producing one unit is 15 minutes at a wage rate of $11.5. If the actualwage rate was $12.0 per direct labor hour, Ivanh

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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